Italy´s solar market is heating up

aleo solar wins contracts worth EUR 12 million from Italian
specialist dealers and fitters.

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companies

Oldenburg/Prenzlau (euro adhoc) - aleo solar AG can report new orders
from Italy: A number of specialist dealers and fitters have placed
orders for aleo modules totalling EUR 12 million. Roof-mounted
installations up to 50 kW in particular will be completed, as they
attract high feed-in tariffs in Italy. These contracts will allow
aleo solar AG to significantly expand its Italian customer base. They
will increase aleo solar AG´s total international order volume for
2007 to approx. EUR 60 million by the end of July. aleo solar has had
a sales team in Italy since mid-2006. Simplified legislation was
passed in Italy at the beginning of 2007. aleo´s sales team was
expanded in April and its strong specialist dealer support was
presented at the "Solarexpo" trade fair in Verona. For Jakobus Smit,
CEO of aleo solar AG, the company´s internationalisation strategy is
paying off: "Our customers appreciate the combination of high-quality
technology and local presence that we have demonstrated by having our
own Italian sales team. We are offering our partners certification as
aleo specialist dealers, which has been very popular. Partners who
are certified receive preferential treatment in our aleo power
network." A market for roof-mounted installations that is comparable
with Germany´s is developing in Italy, where demand is particularly
strong for solar power plants up to 50 kW. "Outstanding German
product quality, our many years´ experience of roof-mounted
installations and our strong specialist dealer support make aleo
solar a sought-after partner in Italy. Italy represents our most
important international market next to Spain," explains Christopher
Dunne, international sales manager at aleo solar AG.

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aleo solar AG, with sales operations in Oldenburg (Lower Saxony) and
manufacturing facilities in Prenzlau (Brandenburg), was formed in
September 2001 and produces solar modules using silicon cells. Its
facility in Prenzlau has an annual capacity of 90 megawatts, making
it one of the largest production plants for solar modules. At the
beginning of 2007, production also started in Santa María de
Palautordera (Spain), with an annual capacity of 10 MW. The Company
generated revenue of EUR 130.4 million in 2006 with around 320 staff.
Since July 2006, aleo solar AG (DE000A0JM634) has been listed in the
Frankfurt Stock Exchange´s Prime Standard. The Company´s acquisition
of an equity interest in the Brandenburg-based technology enterprise
Johanna Solar Technology GmbH has given it access to the promising
future technique of thin-film technology.

end of announcement euro adhoc 06.08.2007 06:00:00
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ots Originaltext: aleo solar AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Franz Nieper
Investor Relations, Legal & Compliance
Tel.: +49 441-21988-77
E-Mail: Invest@aleo-solar.de

Branche: Alternative energy
ISIN: DE000A0JM634
WKN: A0JM63
Index: CDAX, Technologie All Share, Prime All Share
Börsen: Börse Frankfurt / official dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade